Rentokil Initial (LON:RTO) Given Buy Rating at Jefferies Financial Group

Rentokil Initial (LON:RTO)‘s stock had its “buy” rating reaffirmed by equities researchers at Jefferies Financial Group in a note issued to investors on Friday, October 16th, Digital Look reports. They currently have a GBX 370 target price on the stock. Jefferies Financial Group‘s price objective points to a potential upside of 9.14% from the stock’s previous close.

Several other equities research analysts have also commented on the company. Royal Bank Of Canada reaffirmed an “outperform” rating and issued a GBX 480 target price on shares of Rentokil Initial in a report on Friday, September 18th. JPMorgan Chase & Co. cut their price target on Rentokil Initial from GBX 477 to GBX 431 and set an “overweight” rating for the company in a report on Friday, July 31st. Deutsche Bank Aktiengesellschaft reduced their price target on Rentokil Initial from GBX 465 to GBX 405 and set a “hold” rating for the company in a research report on Monday, August 3rd. Finally, Citigroup decreased their price objective on Rentokil Initial from GBX 575 to GBX 550 and set a “buy” rating on the stock in a research note on Friday, July 31st. Five investment analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, Rentokil Initial presently has a consensus rating of “Moderate Buy” and a consensus price target of GBX 433.25.

Rentokil Initial Stock Performance

RTO traded down GBX 2.80 during trading on Friday, hitting GBX 339. The company’s stock had a trading volume of 1,904,428,500 shares, compared to its average volume of 41,126,301. The business’s 50 day simple moving average is GBX 325.58 and its 200-day simple moving average is GBX 405.40. The firm has a market cap of £8.53 billion, a PE ratio of 17.97, a P/E/G ratio of 0.56 and a beta of 0.41. Rentokil Initial has a one year low of GBX 293.50 and a one year high of GBX 507. The company has a quick ratio of 1.76, a current ratio of 1.06 and a debt-to-equity ratio of 110.37.

About Rentokil Initial

Rentokil Initial plc, together with its subsidiaries, provides route-based services in North America, the United Kingdom, rest of Europe, Asia, the Pacific, and internationally. It offers a range of pest control services for rodents, and flying and crawling insects, as well as other forms of wildlife management for commercial customers. The company provides hygiene services, including the provision and maintenance of products, such as soap and hand sanitizer dispensers, hand dryers, air care and purification, cubicle and surface sanitizers, feminine hygiene units, toilet paper dispensers, and floor protection mats.